Is Crypto The New Ponzi?

[ToraToraTora]

https://news.sky.com/story/squid-game-cryptocurrency-appears-a-scam-as-creators-vanish-with-investments-12457747
...so there is a new crypto currency out there, the devotees pile in, it turns out the purveyor just issued some "coins" and kept the dosh! Noooooo! PMSL!
Anyone wanna buy some TTTcoin? Cheap!

[Kardashev]

It does seem there is a new way of parting fools from their money!

[AuntPG]

Anyone buying crypto currency linked to a TV programme gets everything they deserve to be honest.

[Peter Pedant]

// Anyone wanna buy some TTTcoin? Cheap!//

no no no
$25 000 each and only three T3coin left !

jesus. - people SAY they have made a mint - but I dont know how the selling goes ( those shared holiday homes in ethpania, you could never sell on)

[curlygirlies]

Those guys were not investing in Crypto, they thought they were buying tokens for an online version of Squid Games due to launch this month.

[David H]

It does appear to be confidence based and if you look up Mount Gox can easily be hacked with no comeback. Whether or not they've plugged that hole I hope it doesn't last as it smells bad to me. Oddly enough they've just been bailed out but it took years and isn't guaranteed. https://www.bloomberg.com/news/articles/2021-11-16/mt-gox-bitcoin-repayment-plan-gains-final-approval-from-trustee

[Hendrik]

Not at all, Crytocurrencies are definitely in our future and there is an upside to them. I mean of course the biggest one is earning money trough them. I mean there are some coins that you can buy really cheap like this new coin Dash 2 Trade that is currently in the presale phase and it is projected to go to 10x in next few months. There is nothing bad in exploring and checking it out...

[Juliette_Orwell]

My name is John Doe and I'm a complete noob to crypto. I've been reading some of the links here and trying to learn more about this stuff, but I don't know what's the best way to get the information I need.